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Author Topic: Trading as wealth.  (Read 893 times)
sheenshane
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January 24, 2023, 11:17:03 PM
 #21

.. in order word I stand by advising everyone to engage into business with cryptocurrency.
It's confusing, just like all comments above the same as I thought, I never heard of Bitcoin core in the crypto market.  It's only on the Bitcoin transaction, it's a program to use in the Bitcoin blockchain network.  Read further here, https://bitcoin.org/en/bitcoin-core/.

Now in trading, it doesn't mean you earn money trading it's meant for everyone.
Trading isn't meant for everyone, it's only for those who have skills and knowledge of it because it's very highly volatile.
The last part is, trading is not a form of business, when you say business it has a sustainable production income consistently.  But in trading, it seems like gambling that the potential is very difficult to make money consistently.

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January 25, 2023, 05:16:18 AM
 #22

Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.
Engaging in crypto doesn't guarantee that you'll become financially stable or wealthy. Because not all traders are able to gain when they trade even they're long been here and used to the market movement and knowledgeable on how to make an analysis. That's why many of us don't go full time because we can't only rely on trading (though there are traders who managed to do so) and it's wise to have another resources where we can earn a stable income.

Anyway, trading/investing are profitable but it can't make you wealthy using a small capital and in a short period. Hence, be aware of the facts before trying to engage yourself to avoid having disappointment.
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January 28, 2023, 08:18:01 PM
 #23

  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
  Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.
You are without a doubt a bit confused about things, because I would only concentrate on one point that you have mentioned in your post, which is that in our society, the rich are those who are involved in cryptocurrency trading, which I don't find to be true at all. I know there are people who earn a considerable amount of money with their crypto investment, but I haven't seen a lot of people getting wealthy by only investing (with a small capital) in cryptocurrencies. The whales are a different thing, all they do is use their existing wealth to get wealthier.
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January 28, 2023, 09:23:31 PM
 #24

Without trading skills it is very difficult to make profit  good knowledge about trading it is never possible to increase wealth. Bitcoin is best for long term investment and helps in wealth growth. Being the most popular cryptocurrency in the world, bitcoin is more reliable and has a great market value as the first choice on every bitcoin trading platform. Bitcoin will give good profit with wealth growth as the price of bitcoin rises, it becomes more valuable to platforms.
Trading requires good strategy and a good knowledge, you can’t expect to have profit if you don’t know how to trade properly. If you want to be more successful you’ll do your best to analyze the market properly, Bitcoin can give you more if you know how to value your trades. Being financially stable with Bitcoin is only possible if you are making profit here consistently, but if you have a lot of losses then don’t expect to succeed here.

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deathcode
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January 28, 2023, 11:57:46 PM
 #25

Like every goals trading is likely to give everyone what he desires.
     Let me go to the point trading has to do with either physical market or online marketing also know as digital marketing. On digital marketing trader are likely to use cryptocurrency which can be .
  Bitcoin
  Bitcoin core
  Ethereum.
  Or trading on asset such as
   Gold
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
  Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.

You are so passionate about what you are saying that it seems a bit complicated to understand.
Trading will not always provide benefits and make someone rich.
Don't you see that there are also many people who fail and suffer huge losses in trading?

Before advising everyone to get involved with cryptocurrencies,
you better prove it first with your experience.
After you have succeeded with your experience, you can share your experience and share the knowledge you apply to succeed.
And you can share what risks and obstacles you faced and how you overcame them.

Because I see you are just giving your opinion and your general view on trading and investing.
Which is not even from your own experience but rather from other people's success stories that you may not even know fully.
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January 29, 2023, 06:06:14 AM
 #26

Engaging in crypto doesn't guarantee that you'll become financially stable or wealthy. Because not all traders are able to gain when they trade even they're long been here and used to the market movement and knowledgeable on how to make an analysis. That's why many of us don't go full time because we can't only rely on trading (though there are traders who managed to do so) and it's wise to have another resources where we can earn a stable income.

Anyway, trading/investing are profitable but it can't make you wealthy using a small capital and in a short period. Hence, be aware of the facts before trying to engage yourself to avoid having disappointment.
This is a misconception which is very common, newbies seem to believe that just because they become part of this market riches will come their way and nothing could be further from the truth.

In order for anyone to make profits they need someone else to lose, this means that if we buy bitcoin there is someone else out there which believes bitcoin will go down soon and this is what makes them willing to sell, the trader which can take the correct decision the most often is the one which becomes a long term winner, and it is unlikely a newbie has the necessary skills to compete against traders which have been here for years and will end up losing their coins to them.
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January 29, 2023, 01:40:23 PM
 #27

Engaging in crypto doesn't guarantee that you'll become financially stable or wealthy. Because not all traders are able to gain when they trade even they're long been here and used to the market movement and knowledgeable on how to make an analysis. That's why many of us don't go full time because we can't only rely on trading (though there are traders who managed to do so) and it's wise to have another resources where we can earn a stable income.

Anyway, trading/investing are profitable but it can't make you wealthy using a small capital and in a short period. Hence, be aware of the facts before trying to engage yourself to avoid having disappointment.
This is a misconception which is very common, newbies seem to believe that just because they become part of this market riches will come their way and nothing could be further from the truth.

In order for anyone to make profits they need someone else to lose, this means that if we buy bitcoin there is someone else out there who believes bitcoin will go down soon and this is what makes them willing to sell, the trader which can take the correct decision the most often is the one which becomes a long term winner, and it is unlikely a newbie has the necessary skills to compete against traders which have been here for years and will end up losing their coins to them.

Trading is wealth only if you have the skills and the ability to trade wisely and successfully but keep in mind that trading can also take everything away from you once you can't deal with the volatility of the market. It requires knowledge and understanding about the aspects of trading as well as technicalities for you to understand everything. Trading isn't as easy as others think because it has lots of risks if done without proper knowledge.
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January 29, 2023, 03:44:01 PM
 #28

Engaging in crypto doesn't guarantee that you'll become financially stable or wealthy. Because not all traders are able to gain when they trade even they're long been here and used to the market movement and knowledgeable on how to make an analysis. That's why many of us don't go full time because we can't only rely on trading (though there are traders who managed to do so) and it's wise to have another resources where we can earn a stable income.

Anyway, trading/investing are profitable but it can't make you wealthy using a small capital and in a short period. Hence, be aware of the facts before trying to engage yourself to avoid having disappointment.
This is a misconception which is very common, newbies seem to believe that just because they become part of this market riches will come their way and nothing could be further from the truth.

In order for anyone to make profits they need someone else to lose, this means that if we buy bitcoin there is someone else out there which believes bitcoin will go down soon and this is what makes them willing to sell, the trader which can take the correct decision the most often is the one which becomes a long term winner, and it is unlikely a newbie has the necessary skills to compete against traders which have been here for years and will end up losing their coins to them.
Indeed, those who have such thoughts (trading accelerate wealth) are those who are new to the world of trading which we often refer to as beginners. I also wonder why they can conclude so easily without them knowing what trading means. Those who think like that we must give an explanation, because otherwise they will act without sufficient knowledge base. As a result they will be trapped and can experience huge losses because of that. In the end they will make conclusions unilaterally and usually they will discredit what they are doing, in this case cryptocurrency.

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January 29, 2023, 04:19:04 PM
 #29

Sometimes it baffles me seeing that newbies today always come online to say whatever they feels is right for them without even thinking, reading and researching before giving what information they think is right.
Trading can never gives you what you desire, rather it requires a lot of technicalities to deal with trading. Btw, do not invest in cryptocurrency thinking is a wealth creation or sure link to became wealthy over night. Investing in cryptocurrency is the most difficult task you are taking in your life, why because if you invest with your life savings thinking or having a mentality of becoming Rich overnight, then i must tell you that is the beginning of your failure. You can only decides to invest in bitcoin as it is more safer to invest rather than altcoin, but note something very important that when you invest there is no assurance or guaranteed that you must get 100 percent profits as the case maybe and is not stable.

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January 30, 2023, 02:12:02 PM
 #30

Sometimes it baffles me seeing that newbies today always come online to say whatever they feels is right for them without even thinking, reading and researching before giving what information they think is right.
Trading can never gives you what you desire, rather it requires a lot of technicalities to deal with trading. Btw, do not invest in cryptocurrency thinking is a wealth creation or sure link to became wealthy over night. Investing in cryptocurrency is the most difficult task you are taking in your life, why because if you invest with your life savings thinking or having a mentality of becoming Rich overnight, then i must tell you that is the beginning of your failure. You can only decides to invest in bitcoin as it is more safer to invest rather than altcoin, but note something very important that when you invest there is no assurance or guaranteed that you must get 100 percent profits as the case maybe and is not stable.
Maybe they do that on purpose? Like if in this forum, maybe their intention is to gain merit to rank up? But they can't hardly be successful by that. They think people here are dummies and doesn't read carefully on what it is written.

Anyway, yeah trading is hard but he only made it easy there. Not all people are capable of doing it but trading can provide income which can then full the person's desire but still, there are things which can't be availed by money. Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.

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January 30, 2023, 03:02:47 PM
 #31

Everyone in present time wants to trade or invest money in cryptocurrency. It has become the way of earning and making money but it can also become a cause of someone's loss because market is unpredictable so invest if you learn the whole things about it.

 As you mentioned Ethereum and bitcoin so I want to say that yes these are very trustable and stable coins all of those who invest a part of money into these coins have much more revenue as compared to the other coins.

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January 30, 2023, 03:13:10 PM
 #32

Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.

that is the main thought that should be given to every beginner. that trading and investing in crypto will not make us rich overnight. many beginners are guilty of understanding this. because of the hype that happened and was reported in the media in a very extraordinary way. many newbies are interested in doubling their money in crypto trading.
hard to explain to those with such ambition. if anyone thinks like that and asks me for help or opinion, I probably won't take it seriously.

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February 04, 2023, 05:51:34 AM
 #33

Sometimes it baffles me seeing that newbies today always come online to say whatever they feels is right for them without even thinking, reading and researching before giving what information they think is right.
Trading can never gives you what you desire, rather it requires a lot of technicalities to deal with trading. Btw, do not invest in cryptocurrency thinking is a wealth creation or sure link to became wealthy over night. Investing in cryptocurrency is the most difficult task you are taking in your life, why because if you invest with your life savings thinking or having a mentality of becoming Rich overnight, then i must tell you that is the beginning of your failure. You can only decides to invest in bitcoin as it is more safer to invest rather than altcoin, but note something very important that when you invest there is no assurance or guaranteed that you must get 100 percent profits as the case maybe and is not stable.
This is what happens when people develop in an environment in which the same beliefs are promoted and they never have to face opposite world views.

And social media is full of this, so newbies come here thinking they know everything there is to know about the market as other newbies like them have been reinforcing their beliefs for months, if the OP took the time to actually put their theory to test they will see this is not the case, and at that point they will have two options, to accept they were wrong and change their beliefs or keep them and assume the market is wrong, and you will be surprised to see the number of newbies which pick the latter.
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February 10, 2023, 04:01:26 PM
 #34

Health is wealth too which I heard atleast million times but where I can trade it?

The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.

Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!

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February 10, 2023, 04:48:11 PM
 #35

Health is wealth too which I heard atleast million times but where I can trade it?

The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.

Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!

The concept of cryptocurrency trading is simple. In trading, you buy cryptocurrency at a low price and sell it at a higher price. However, although this concept is simple, achieving consistency in trading can be very difficult. There are many factors that affect the price of a cryptocurrency, and it is important for traders to understand the market and make good analyses before making trading decisions.
In addition, emotional control is also very important in cryptocurrency trading. Many traders are tempted to make uncontrolled trading decisions based on their emotions, such as greed or fear. This can result in major losses and it is important for traders to be able to control their emotions and remain focused on their pre-determined trading strategy. Therefore, although cryptocurrency trading can be a source of wealth, it is important for traders to understand the market and make good analyses, as well as control their emotions to ensure consistency in trading.
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February 10, 2023, 05:57:55 PM
 #36

Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.

that is the main thought that should be given to every beginner. that trading and investing in crypto will not make us rich overnight. many beginners are guilty of understanding this. because of the hype that happened and was reported in the media in a very extraordinary way. many newbies are interested in doubling their money in crypto trading.
hard to explain to those with such ambition. if anyone thinks like that and asks me for help or opinion, I probably won't take it seriously.
In a situation like that we also can't blame them beginners who have thoughts like that, because surely they have thoughts like that because they lack knowledge about what trading or investing really is. Now, our job here is to understand first to educate them about what they do, in this case trading or investing. That way they will be able to understand and no longer have the thought that trading will make them rich in an instant.

.
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February 10, 2023, 06:21:34 PM
 #37

The concept of cryptocurrency trading is simple. In trading, you buy cryptocurrency at a low price and sell it at a higher price. However, although this concept is simple, achieving consistency in trading can be very difficult. There are many factors that affect the price of a cryptocurrency, and it is important for traders to understand the market and make good analyses before making trading decisions.
In addition, emotional control is also very important in cryptocurrency trading. Many traders are tempted to make uncontrolled trading decisions based on their emotions, such as greed or fear. This can result in major losses and it is important for traders to be able to control their emotions and remain focused on their pre-determined trading strategy. Therefore, although cryptocurrency trading can be a source of wealth, it is important for traders to understand the market and make good analyses, as well as control their emotions to ensure consistency in trading.
Trading is simple, but not as simple as one might think. I am very clear about this assumption because basically anyone can buy anything and at any price, it is free for everyone. But analysis can help traders buy at prices that tend to be more profitable where low prices are the main target for starting entry. However, analysis is not as easy as we speak, it is much more difficult for beginners or still difficult for anyone who does not want to learn even if they have been involved in this space for many years.

No matter how simple trading is, it is not as good as long-term investing. Bitcoin is one of the most profitable assets in the long term, and anyone can do it.

 
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February 10, 2023, 10:20:36 PM
 #38

Why are you saying there's an asset called "bitcoin core" and when did you last trade gold at a market?

Was there a reason for your topic as I'm still confused of its purpose although crypto has been the best performing asset of the last decade (particularly bitcoin and ethereum).
I thought I was the only one reading the gibberish the OP narrated here, the thread might not be necessary truly. But on second thought, I think he/she does not know how to differentiate some terms thereby looping them together. There are places where investments and trading were supposed to have been strictly used, but marketing and confusing explanations were also seen.

It seems to me OP had a good message in mind to send out about bitcoin investment and how profitable it is, but battling with difficulty of expressing himself in a very clear and precise terms that should have been easy to assimilate without it looking like a gibberish to anyone reading it.

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February 10, 2023, 11:58:03 PM
 #39

  Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management..
Seriously?
This is too much to say about the most wealthy individuals in the crypto world is because of trading. Well, never say this to any newbies because this will give them high expectations. Whereas the fact is not really soft like that. Many people are being poor also because of trading. Why can? because trading is also very high risk. We can say that we can earn so much money easily by trading cryptocurrency, but on the other hand, we also can say that many people have lost their money and wealth because of trading in cryptocurrency. This means that everything has the risk to lose money.

in order word, I stand by advising everyone to engage in business with cryptocurrency.
I will not say this to newbies, I will say to them that they need to learn about cryptocurrency and decide if they are going to trade or not. Never promise anyone with very great pleasure of trading results because not everyone will be successful in trading.
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February 11, 2023, 12:58:22 AM
 #40

     Let me go to the point trading has to do with either physical market or online marketing also know as digital marketing. On digital marketing trader are likely to use cryptocurrency which can be .
(...)
Just always take note that when you do trading, your capital to use is afford you lose, you don't trade capital that is from someone or you just borrowed or loan with interest because trading is the most risky job in the world, it involves money and once you lose it, difficult to get it back anymore.
Risk management is a must, don't be greedy.

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